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The nation earned $30.3 billion from crude oil, gas sales in 2012, according to NEITI oil and gas audit report.
“Nigeria earned a total of $62.9 billion from oil and gas in the year 2012. This is made up of $30.3 billion from crude oil and gas sales, $26.9 Billion from taxes, royalties, rents and $5.6 billion as revenue flows to states, local governments and other entities,” the report disclosed. Read more
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